Tag: Virtual Data Rooms

  • 4 Main Advantages of Virtual Data Rooms

    4 Main Advantages of Virtual Data Rooms

    Virtual data rooms are becoming more and more popular among businesses as they provide secure storage spaces and make data sharing safer. It doesn’t matter whether you are a small business or a big enterprise; if you are still using local servers to store your data, it is time for you to move to virtual data rooms. VDR, also known as electronic data rooms, provides you with cloud storage where you can save all the sensitive information about your business, and you will never have to worry about bleachers.

    So, it is highly advised that you get in touch with an Electronic Data Room Provider and get a virtual data room for your business right away. If you are still skeptical about VDRs, below, I have mentioned a few advantages of using them that will convince you otherwise.

    1. Protects your data

    As mentioned earlier, the biggest advantage of using a VDR is that it protects your data from hackers. In this modern age of technology, data is everything. If your company data falls into the wrong hands to get to your competitors, then your business can take a serious hit.

    Having a virtual data room makes sure that none of that happens. Your data is always secure in cloud storage, and only the people with permission are allowed to access it.

    2. Speeds up processes

    Another major benefit that virtual data rooms provide is that it allows you to speed up your day to day tasks. You and your employees can access and handle all the data from one dashboard when it is on VDR, which makes it easier for you to upload and share data.

    All the parties, including the clients, can access the data whenever they need and can share their feedback without any delays. Your data will always be organized in a VDR, and that makes it much more accessible.

    3. Access levels

    Virtual data rooms allow you to create access levels, which is something you cannot do easily when you are sharing data on local servers. All the information you upload on your VDR can be categorized and labeled.

    You can put extra security on certain files making sure that not everyone on the VDR can access it. Depending on the designation of the employee, you can provide them limited access to the VDR. If it is sensitive information that does not concern a certain number of employees, then it is always better to not give them access to it in the first place. You don’t want them to stumble it on accidentally and leak it unintentionally.

    4. Customer support

    With local servers, you will have to hire an IT expert, and whenever you face a technical problem, your server can go down for hours. A good electronic data room company offers you 24×7 customer support.

    This means that even if you come across technical problems, it will be resolved immediately. That way, you will never have to worry about the deadlines, and all of the projects will be finished in time. You also won’t need to hire an extra IT expert for the sole purpose of handling servers.